Equity
€2.7m from €6.5m in 2020
Equity fell by 59% in 5 years.
IMMO EE 59
Lifetime
20 annual accounts with figures on one time axis, 32 filings since 1994peak €1.3m (2025)
€1.3m▲ 48.9%
peak €429,580 (2023)
€414,497▲ 388%
peak €6.5m (2020)
€2.7m▲ 18.5%
€5.6m▼ 8.3%
Board1 name since 2021
1 directorVan Hee NV
Owners
100%VAN HEE
Documentsfilings and deeds
30-09-202661 days late
2025financial year
Gross margin from €870,556 to €1.3mResult from €84,943 to €414,497Equity from €2.3m to €2.7m
Key points
from the 2025 annual accountsResult
€414,497 ▲ 388%
The result rose in 2025: different schema filed.
Turnover
≈ €1.6m estimated
The accounts state no turnover.
Liquidity
0.43 was 0.96 in 2024
Short-term debts rose from €503,114 to €1.3m.
Filings
32 annual accounts 61 days
Latest accounts filed late: after the legal deadline.
Position in the sector
€414,497
Higher net result than 83% of companies in real estate. Sector median €20,526 · 5,817 companies.
Checked score
97
Excellent
Financially stronger than 72% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.2%
01-2025: 0.1%▼ -0.1 percentage points vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.2%▲ +0.1 percentage points vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%▲ +0.1 percentage points vs 08-2025highest value
10-2025: 0.1%▼ -0.4 percentage points vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.2%▲ +0.1 percentage points vs 06-2026
08-2026: 0.3%▲ +0.1 percentage points vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.1%▼ -0.2 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 61 days late; 3 of the last 3 accounts late
Liquidity: current ratio 0.43, cash €449,865
lowers risk
Size: total assets €8.5m
Figures for financial year 2025 (filed on 30-09-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 52% of them on solvency, 75% on liquidity, 83% on profitability and 80% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,887 companies had the same profile as IMMO EE 59 has now. Each dot stands for 5 companies, two years later.
97.9%
were still trading
2.0%
stopped another way
0.1%
went bankrupt
That fits the bankruptcy probability of IMMO EE 59 itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,887 companies, not a prediction for IMMO EE 59. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €250,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.43 (0.96 in 2024), below 1. Short-term debt is 15.7% and cash 5.3% of total assets. 68.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.7m
raises risk · 2025 accounts filed 61 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-09-2026, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
61 days late
2024
59 days late
2023
105 days late
2022
57 days late
2021
153 days late
2020
61 days late
2019
61 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 80 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 September (4 of the last 5 accounts filed within 45 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0451366437
First establishment
IMMO EE 59 NV, Luitenant Liedelstraat 38, Anderlecht
Incorporation
published on 02-12-1993 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IMMO EE 59 Anderlecht | €8.5m | €1.3m | 31.5% | - |
| IMMO 167 Watermael-Boitsfort | €8.5m | €1.3m | 51.9% | - |
| IMMO COMMERCE Ixelles | €8.2m | €1.7m | 4.2% | - |
| LEG II MEER Watermael-Boitsfort | €8.0m | €1.1m | 40.9% | - |
| IMMO MACHARIS Dendermonde | €8.7m | €1.2m | 42.6% | - |
| GHIMLO Zedelgem | €8.6m | €1.5m | 47.1% | - |
| IMVERGO Izegem | €8.3m | €1.2m | 75.1% | - |
These companies have the same main activity as IMMO EE 59: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €8m and €8.7m, founded between 1987 and 1999.
Official details
Source: KBO- Status
- Active since 08-11-1993Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.065.492.4621070 Anderlecht, since 11-02-1994
- Financial year end
- 31 December
- Peppol
- Reachable since 19-12-2025
Insights on IMMO EE 59
IMMO EE 59 has existed since 1993. The gross margin grew from €585,421 in 2006 to €1.3m in 2025.
Solvency rose in 2025 from 26.3% to 31.5% because of the retained profit.
VAN HEE holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IMMO EE 59
- What is the company number of IMMO EE 59?
- The company number of IMMO EE 59 is 0451.366.437. The VAT number is the same number with BE in front: BE 0451.366.437.
- Where is IMMO EE 59 based?
- The registered office is at Luitenant Liedelstraat 38, 1070 Anderlecht.Company details
- What does IMMO EE 59 do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of IMMO EE 59?
- IMMO EE 59 is a public limited company (NV).
- When was IMMO EE 59 founded?
- IMMO EE 59 was founded on 08-11-1993.
- Is IMMO EE 59 still active?
- Yes, IMMO EE 59 is an active enterprise in the KBO register.
- What is the turnover of IMMO EE 59?
- The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €1.3m and 32 comparable companies (NACE 68203). It probably lies between €1.3m and €1.8m.Financials
- Is IMMO EE 59 profitable?
- In financial year 2025, IMMO EE 59 made a profit of €414,497.
- Where can I find the annual accounts of IMMO EE 59?
- IMMO EE 59 filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IMMO EE 59 due?
- IMMO EE 59 must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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